Aluminium Market Sees Price Decrease Due to Reduced Demand

Aluminium Market Sees Price Decrease Due to Reduced Demand.webp

New Delhi, April 8 Aluminium prices fell by Rs 1.20 to Rs 356.30 per kg in futures trading on Wednesday, as participants reduced their positions in the face of a weak spot market.

On the Multi Commodity Exchange, aluminium for delivery in May decreased by Rs 1.20, or 0.34 per cent, to Rs 356.30 per kg in 64 lots.

Analysts said that the reduction in positions by participants, driven by easing demand from consuming industries, primarily kept aluminium prices lower.
 
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